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Not happening in my Fidelity account. Next idea.
The limit price you entered is too far away from the last trade for this security. For sell limit orders on stocks trading less than $1.00, the sell limit price cannot be greater than $2.00.
No tax write off on a Roth IRA. It's a total loss.
Got all my money back lost in ANV! And then some!!! Of course it took 5 years and investing in other mining stocks (NAK baby!). Once I’m over $1 million, the contract goes out to break Buffington’s legs.
Grabbed 10,000 shares at .45 back in January. Holding 51,000 shares now. And 102,000 shares of KRRGF. Up over $19,000 today. Nice!
Why such a ridiculously short class action window? January 18, 2013 to August 5, 2013? So if I put my whole life savings into Allied Nevada on January 17, 2013 or August 6, 2013 I can’t get in on the settlement? What clown made up those dates? Anybody who owned ANV at the time of bankruptcy / robbery should be able to join in on the lawsuit.
https://www.alliednevadasecuritiessettlement.com/
Then why didn’t Judge Wallrat see this scam? Yeah, Buffington & Company are culpable. But so is Wallrat who approved the bankruptcy / robbery back in 2015. She should end up in a prison cell too.
I like having my silver in my safe where swindlers like Buffington, banks (JP Morgan) and hedge funds can't get their hands on it.
What if HYCTW and/or MUDS decides to declare bankruptcy? Do we start all over again with new warrants that expire in 2027?
Gold could hit $10,000 an ounce. Or $100,000. They’d still find a way to screw us (again) so we’d get zilch.
Yeah, the politically stable United States sounds good. Until you put your money into a U.S. company that is run by a bunch of thieves. I had 100,000 shares of Allied Nevada. I’m sure you know how that one turned out.
Warrant Expiry: 30 months to go (10/22/22)
No comments for two weeks? Everybody must be running around looking for toilet paper.
The only positive spin on this is that it’s happening now and not October 2022. Meaning we’ve still got 2.5 years to figure out and stop whatever skullduggery is going on.
We went through this with the SEC already. And after contacting them in 2015, I also contacted my idiot congresswoman (and I don't use that term lightly). From there, she sends me a copy of my SEC complaint. Yeah, okay. They've seen it, you've seen it, I've seen it, we've all seen it — now do something about it. As we all know, nothing got done.
The only positive spin on it is she didn't run for another term since she got caught covering up for her male chief of staff who was sexually harassing women. Of course since she served more than five years (six to be exact), she still gets her congressional pension.
Someone should have explained this to Judge Walrath back in 2015. Since they already robbed us once by declaring bankruptcy, they'd eventually try to rob us again with the warrants.
So with 10,000 warrants, I’ll come out of this with $161,000? I’ll believe it when I see it.
Trump has made the Ninth Circuit sane again. Any chance we get this case to the United States Court of Appeals for the Ninth Circuit—the appeal being that they never intended to go public or honor the warrants but instead sought to merge with another company and screw over the original shareholders for a second time?
Bottom line: Do we get our money back or not? If not, I’d rather know now than have to wait until October 2022 to find out.
Like I said, I’m swimming in physical metals. I’ve got 10,000+ ounces of Silver—bars, coins, junk. A goodly amount of Gold too. Just sold all my Palladium (bought at $190) and took profits. If Silver ever goes to $50 again I’m sitting on over $500,000. I’ll sell off a little at a time at various places and avoid the 28% capital gains tax. Might seem dishonest but to hell with that. Most of my ANV was in a Roth IRA so I can’t even take capital losses. Hence Plan A is shot. But with Plan B I’ll get my retirement money back...tax-free.
Luckily in 2015 I was holding 2/3 physical. Now it's like 90%. Yeah, it's all in one basket (in my possession and insured) and that "company" is never going bankrupt.
I wanted to buy Kirkland Lake at $1.65. If I'd gone all in in July 2015 my $73,000 would be worth $1.8 Million now. Why didn't I buy KL? Because there was no $73,000 anymore. The Buffington Gang stole it all.
On another note, what's going on with AlliedNevadaFraud? Website is down and no word from Jordan since July 4.
Yeah, until The Buffington Gang screws it up again with too much debt, currency swaps and another bankruptcy.
Here’s one correction. It’s strike price (not strick).
If the strike price for the warrants is somewhere around $8.00 then at $22.50 we should make our money back with profits. $22.50 - $8.00 = intrinsic value of $14.50 per share. Of course if you were buying ANV in 2011 at $45 and rode it all the way down then you can throw that out the window.
Bre-X hit $275 and it was a scam. At least Hycroft is sitting on real gold and silver. Now it all comes down to the company going public and soon. I’m looking for $22.50 per share (half of what Allied Nevada was in September 2011) before bailing out. I have no doubt that management is trying to pull another fast one. Someone else can hold the bag next time when they do.
Very good. But 2024 is beyond warrant expiration. If they go public by 2021 then I guess we can cheer.
Three years to go. Tick...tick...tick...tick...
I take it we have until 4:00pm on October 22, 2022 to do something with our warrants. Or does afterhours trading count too? My guess: the warrants expire worthless and Hycroft goes public on October 23, 2022.
Maybe I made someone nervous with post #7169. And #7175.
Yeah, lots of posts got deleted. They jump from #7198 to #7208 (so 9 in a row are missing as well as a few earlier ones).
As for Louie, I remember him from 4 years ago. Very shady character. Google search his name and see.
Still got 3+ years to make it happen. I’d say by October 2021 so there’s a year to spare. Under a year and time decay will set in fast...although you can’t decay much from where the warrant price is now.
Is it possible to make Hycroft go public? There is such a thing as a Forced IPO—especially when a company has over $10 million in assets and 500+ shareholders.
Good! And the best part about it is that Fat Tracey and Ripoff Randy can’t get their greedy little hands on my 10,000+ physical ounces.
Yawn. I think I explained this all before. If they stay private, there are no SEC reports.
Allied Nevada used to be a $45 stock. If they can get back to even $4 as a privately held company then there's little incentive to go public. One advantage of staying private is that only a small group of shareholders (like those with a managerial stake in the company) have voting power. Another advantage is that you're not subject to reporting requirements, SEC audits, etc.—a big plus when you're a bunch of shysters.
Warrants: 3.5 years down. 3.5 years to go. Now watch how fast October 2022 gets here.
Check out Randy Buffington's profile at Linked In
https://www.linkedin.com/in/randy-buffington-62152a1b
Gone Fishing!
That's all you need to know.
Just let me break even and get the hell out. If I’d put my $73,000 into Kirkland Lake instead, I’d have $1.5 Million by now.
The problem here is they aren’t normal warrants. Usually warrants are issued by healthy companies and in good faith. These warrants were forced on us after a bankruptcy / robbery. And so the odds of something good happening aren’t in our favor.
Could go either way. These explain the possibilities.
https://can-turtles-fly.blogspot.com/2010/12/newbie-thoughts-risk-with-warrants-from.html
http://www.experts123.com/q/what-happens-to-warrants-if-a-company-is-taken-over-or-merges.html
Yes, there will be a big bounce back. The Hycroft Gang is planning on it. Of course it will happen after October 2022 when our warrants have expired worthless.